HG Infra receives LOI for BSEE project from GUVNL
HG Infra Engineering has informed the receiving Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Ltd (GUVNL). The order is for 250 MW/500 MWH out of the project for setting up 500 MW/1000 MWh standalone battery energy storage systems in Gujarat.
The work falls under tariff-based global competitive bidding (Phase-IV) with viability gap funding support and has a completion period of 1.5 years (18 months).
Also Read: HG Infra bags order from NTPC